---
schema_version: "secwatch.filing_event.v1"
accession: "0001051512-25-000070"
form_type: "8-K"
ticker: "TDS"
cik: "0001051512"
company_name: "TELEPHONE & DATA SYSTEMS INC /DE/"
filed_at: "2025-11-07T23:59:59+00:00"
generated_at: "2026-05-16T22:53:27.780251+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TDS swings to Q3 profit; $500M buyback authorized; Array CEO named

## Summary
- Q3 2025 revenue $308.5M (-5.8% YoY); net income $40.2M vs loss $100.4M; diluted EPS $0.33 vs -$0.88.
- Repurchased 1.08M shares for $40.7M in Q3; new $500M buyback program additive to existing authorization.
- TDS Telecom added 42k fiber addresses and 11.2k residential fiber net adds; revenues down 3% on $6M divestitures.
- Array closed T-Mobile sale Aug 1; paid $23/shr special dividend; entered additional spectrum sales for $178M.
- Anthony Carlson appointed President/CEO of Array effective Nov 16, 2025, succeeding Doug Chambers.

## SEC filing metadata
- accession: 0001051512-25-000070
- form_type: 8-K
- ticker: TDS
- cik: 0001051512
- company_name: TELEPHONE & DATA SYSTEMS INC /DE/
- filed_at: 2025-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1051512/000105151225000070/0001051512-25-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051512/000105151225000070/tds-20251107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001051512-25-000070
- JSON: https://secwatch.observer/filing/0001051512-25-000070.json
- Plain text: https://secwatch.observer/filing/0001051512-25-000070.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.